Local News
Real estate news in Atlanta
Standard Title & Escrow PLLC and Stelman Law have merged. With the merger, Jeff Stelman joins Standard Title as partner and brings three employees to the company.
The childhood home of New Kids on the Block’s Jordan and Jonathan Knight went on the market last month and now a group of Dorchester residents is trying to preserve it.
Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.
Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.
The Boston Planning & Development Agency approved the Jamaica Plain development project at its October meeting.
The month also saw a slight shift in inventory, even though shortages continued.
Boston wasn’t the only Massachusetts town on the 2021 list. Both Worcester and Springfield also made the rankings.
September was another month for the record books in Massachusetts real estate as the median sales price for single-family homes and condos grew from last year and inventory levels continued to shrink.
Homebuyer demand remained consistent in September and despite another decrease in listings, there are indications the marketing is softening and sales prices may start to moderate.
The two family-owned franchises will bring 80 years of combined real estate experience to Boston’s Back Bay.
The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.
The number of closed sales fell 12% month over month, while active inventory rose 5.6% to 7,362. Median sales prices dropped 4.8%, but that’s still up 7.3% from September 2020.
Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.
Maggie Seelig of MGS Real Estate Group has announced she is opening her first suburban office in the MetroWest Suburbs, expanding the brokerage to assist buyers and sellers beyond Boston.
Cape Cod’s housing market remained historically strong in September, despite declines from last year.
It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.
